Effective 13 December 2022, the Singapore authorities launched the Manpower for Strategic Economic Priorities (M-SEP) Scheme. The M-SEP Scheme is designed to support businesses that strengthen Singapore’s economic priorities and competitiveness, and secure employment and training opportunities for citizens of Singapore.
A Tax Alert prepared by EY's People Advisory Services group, and attached below, provides additional details.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
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EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
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This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.
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